Delek Logistics Partners (DKL) Stock Price, News & Analysis

Company Overview

Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The Gathering and Processing segment consists of pipelines, tanks, and offloading facilities that provide crude oil and natural gas gathering and processing, water disposal and recycling, and storage services, as well as crude oil transportation services to third parties. The Wholesale Marketing and Terminalling segment includes refined products terminals and pipelines in Texas, Tennessee, and Arkansas. This segment provides marketing services for the refined products and terminalling services at refined products terminals to independent third parties. The Storage and Transportation segment comprises tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil, intermediate, and refined products transportation and storage services. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.

Key Stats

• Today's Range: $39.35 to $39.75
• 50-Day Range: $37.98 to $45.06
• 52-Week Range: $37.02 to $53.80
• Volume: 97,186 shs
• Average Volume: 109,659 shs
• Market Capitalization: $2.04 billion
• P/E Ratio: 14.05
• Dividend Yield: 11.10%
• Price Target: $44.00
• Consensus Rating: Moderate Buy

Delek Logistics Partners Stock Analysis - MarketRank™

Delek Logistics Partners scored higher than 49% of companies evaluated by MarketBeat, and ranked 174th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Delek Logistics Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Delek Logistics Partners has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -5.52%

Earnings Growth

Earnings for Delek Logistics Partners are expected to decrease by -5.52% in the coming year, from $3.08 to $2.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Delek Logistics Partners is 14.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Delek Logistics Partners is 14.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.29.

Price to Earnings Growth Ratio

Delek Logistics Partners has a PEG Ratio of 1.12. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.69% of the float of Delek Logistics Partners has been sold short.

Short Interest Ratio / Days to Cover

Delek Logistics Partners has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Delek Logistics Partners has recently increased by 17.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Delek Logistics Partners is a leading dividend payer. It pays a dividend yield of 11.29%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Delek Logistics Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Delek Logistics Partners is 156.03%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Delek Logistics Partners will have a dividend payout ratio of 151.20% in the coming year. This indicates that Delek Logistics Partners may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.69% of the float of Delek Logistics Partners has been sold short.

Short Interest Ratio / Days to Cover

Delek Logistics Partners has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Delek Logistics Partners has recently increased by 17.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.12

News Sentiment

Delek Logistics Partners has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Delek Logistics Partners this week, compared to 3 articles on an average week.

Search Interest

59 people have searched for DKL on MarketBeat in the last 30 days. This is an increase of 638% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Delek Logistics Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Delek Logistics Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $453,840.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Delek Logistics Partners is held by insiders.

Percentage Held by Institutions

Only 11.75% of the stock of Delek Logistics Partners is held by institutions.

DKL Stock Analysis - Frequently Asked Questions

How have DKL shares performed this year?

Delek Logistics Partners' stock was trading at $43.17 on January 1st, 2024. Since then, DKL shares have decreased by 8.2% and is now trading at $39.63.
View the best growth stocks for 2024 here.

How were Delek Logistics Partners' earnings last quarter?

Delek Logistics Partners, LP (NYSE:DKL) announced its quarterly earnings data on Wednesday, November, 6th. The oil and gas producer reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.90 by $0.19. The oil and gas producer had revenue of $214.07 million for the quarter, compared to analyst estimates of $270.98 million. Delek Logistics Partners had a negative trailing twelve-month return on equity of 155.77% and a net margin of 13.15%.

Who are Delek Logistics Partners' major shareholders?

Delek Logistics Partners' top institutional investors include Infrastructure Capital Advisors LLC (0.54%), ING Groep NV (0.03%), Indie Asset Partners LLC (0.01%) and Apollon Wealth Management LLC (0.01%). Insiders that own company stock include Ezra Uzi Yemin, Avigal Soreq, Reuven Spiegel, Sherri Anne Brillon, Charles J Brown III and Odely Sakazi.
View institutional ownership trends.

How do I buy shares of Delek Logistics Partners?

Shares of DKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Delek Logistics Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Delek Logistics Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), Mplx (MPLX), AT&T (T), Rithm Capital (RITM), Ares Capital (ARCC) and Enbridge (ENB).

Company Calendar

• Last Earnings: 11/06/2024
• Ex-Dividend for 11/14 Dividend: 11/08/2024
• Dividend Payable: 11/14/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Pipelines, except natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:DKL
• CUSIP: N/A
• CIK: 1552797
• Web: www.deleklogistics.com
• Phone: (615) 771-6701
• Fax: N/A
• Employees: 2,020
• Year Founded: 2012

Price Target and Rating

• Average Stock Price Target: $44.00
• High Stock Price Target: $50.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +11.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.82
• Trailing P/E Ratio: 14.05
• Forward P/E Ratio: 12.87
• P/E Growth: 1.12
• Net Income: $126.24 million
• Net Margins: 13.15%
• Pretax Margin: 13.26%
• Return on Equity: -155.77%
• Return on Assets: 8.39%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.24
• Quick Ratio: 1.17

Sales & Book Value

• Annual Sales: $1.02 billion
• Price / Sales: 2.00
• Cash Flow: $5.72 per share
• Price / Cash Flow: 6.93
• Book Value: ($3.71) per share
• Price / Book: -10.68

Miscellaneous

• Outstanding Shares: 51,470,000
• Free Float: 50,952,000
• Market Cap: $2.04 billion
• Optionable: Optionable
• Beta: 2.12